Watch: What makes a good commencement speech

As the Class of 2014 prepares for life's next chapter, politicians, executives and even rap stars are only too glad to share some of life's hard lessons with them. It's a big responsibility to deliver a commencement speech to the graduates; one full of anticipation and dread. Consider this a lesson plan on the best way to deliver the most memorable commencement speech of 2014.

Delivering commencement speeches carries a big responsibility. Not only are speakers tasked with shaping young minds who are setting off into adulthood, their speeches now live online for all to see—for better or worse.

So how do you deal with the pressure? You can follow CNBC's guide on how to deliver a memorable commencement speech, featuring the likes of U.S. Secretary of State John Kerry, former Microsoft CEO Steve Ballmer and Bill Nye, "The Science Guy."